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Corrupt Russians ‘Redistribute’ Corporate Wealth

October 11th, 2009 · No Comments

In a post nine months ago,  I wrote that hammer-and-sickle thinking is gaining ground in the United States, thanks largely to then-president-elect Barack Obama and the people he selected to serve in his administration.  If you don’t think such thinking is dangerous, take a look at the video and story below about what happened to Hermitage Capital Management when it lost $230 million as the victim of a Russian wealth-redistribution scheme executed in true Obama fashion.

Here’s a summary of the video, according to a post at Law and Order in Russia:

Three days ago, investigators from the Russian Interior Ministry announced charges against Hermitage Capital Management’s legal adviser, Sergey Magnitskiy, and allegations against Hermitage’s CEO, William Browder.

These charges and allegations, as highlighted in the video above, have been fabricated and brought directly in response to Hermitage and Magnitskiy implicating certain Interior Ministry officials in the theft of $230 million from the Russian budget.

Due to the high level of corruption in the Russian Interior Ministry, along with the arbitrary powers they posses, many Russian newspapers have been afraid to write about the Interior Ministry’s role in this fraud. In an environment like this, where the freedom of the press is compromised, it is necessary to use new channels of communication to fight corruption in Russia. In order to avoid putting Russian journalists at risk, we are, therefore, releasing the following YouTube video to lay out story in full.

Editor’s Note: I’ve published several posts (below) about the treatment of Russian journalists by government leaders — a subject that has received little or not attention in the West:

Hat tip:  Doug Ross

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